Foreign Exchange Management (Guarantees) (Second Amendment) Regulations, 2013

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 013 G.S.R. 573(E) - In exercise of the powers conferred by clause (j) of sub-section 3 of section 6 and sub-section (2) of section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank hereby makes the following amendments in the Foreign Exchange Management (Guarantees) Regulations, 2000, (Notification No. FEMA 8/RB-2000 dated May 3, 2000), namely:- 1. Short Title and Co .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Substantial Acquisition of Shares and Takeover)[SEBI(SAST)] Regulations; ii) the guarantee is covered by a counter guarantee of a bank of international repute; and (b) the guarantee shall be valid for a tenure co-terminus with the offer period as required under the SEBI (SAST) Regulations." (Rudra Narayan Kar) Chief General Manager-in-Charge Foot Note: The Principal Regulations were publish .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X